Lower Sales Tug Clothestime Stock

Clothestime Inc.’s stock took a beating on Wall Street after the company announced Thursday that its sales last month were down 22% from January, 1994.

The price of Clothestime’s stock fell 19.5%, or 75 cents a share, to close at $3.125 in Nasdaq trading.

The Anaheim owner and operator of a chain of young women’s clothing stores said that sales at outlets open a year or more were off 27% for the four weeks that ended Jan. 28. Total sales for the month fell 22% to $17.1 million.

The company did not return calls seeking comment.